Obama on 2010 Manufacturing Act

In a White House bill-signing ceremony, the president reaffirmed a goal he set out early this year: to double exports of U.S. goods and services in the next five years.

This transcript has been automatically generated and may not be 100% accurate.

I ... Stringer has led to two thousand and ten will bring jobs ... help American companies compete and strength in manufacturing ... as a key driver of our economic recovery ... and here's our ... fears our works ... to make their products manufacturers some of whom are represented here today ... often have to import certain materials from other countries and pay tariffs on most major US ... this legislation will reduce or eliminate some of those tariffs ... which will significantly more calls for American companies across ... the manufacturing landscape ... from cars to chemicals ... medical devices to sporting goods ... and that will boost output ... support the jobs are all ... the more prices for American consumers ... the bill passed both houses of Congress on an overwhelmingly ... bipartisan basis ... now one thing Democrats and Republicans for coming together ... on behalf of America's businesses and workers ...